Nelson Gold revives Jilau mine
Operations at the Jilau mine in Tajikistan have resumed following discussions between Nelson Gold (NLG-T), the Tajikistani government and International Finance Corporation.Production started in the fi…
News
STOCK MARKETS — All flat on the western front
The Vancouver Stock Exchange composite index remained flat over the report period ended Oct. 8, slipping 5.59 points to close at 1,199.91. The resource index, meanwhile, finished up 21.53 points at 2,…
TSE Short Positions (October 14, 1996)
Short positions outstanding at September 30, 1996Larger individual positions included: Abacan Res. 44,800, down 580,850; Barrick Gold 10,078,747, up 554,246; Agnico-Eagle 694,478, up 366,575; AJ Perro…
Drilling adds lustre to Swan
Preliminary diamond drilling at the Swan property in north-central British Columbia has returned sniffs of lead-silver-zinc mineralization.In a 783-metre program, Stratabound Minerals (SB-A) tested a …
NDU completes work at Yukon’s Marg
With the completion of 26 holes, NDU Resources (NDU-T) has wrapped up drilling at the Marg property in the central Yukon for the season.The property, which is already blanketed with a foot of snow, ho…
Numbers add up for El Valle gold project
A bankable feasibility study on El Valle, the Spanish gold project of Rio Narcea Gold Mines (RNG-T), points to a profitable mine life.The study, based on 19,000 metres of infill drilling conducted ove…
Expatriate drills Ice
The primary source of near-surface, secondary copper mineralization at its fully owned Ice property in the southeastern Yukon continues to elude Expatriate Resources (EXR-V).At present, Expatriate is …
Emerging Africa drills in Guinea
Partners Emerging Africa Gold (EAG-C) and West African Mining (SMF-M) remain hopeful following assay results from eight preliminary holes drilled on the Jean-Gobele gold property in Guinea.Testing the…
Barrick looks to boost its gold production
The assets of North America’s biggest gold producer, Barrick Gold (ABX-T), continue to grow.Additional reserves at the Pascua mine, in Chile, and the Pierina project, in Peru, will boost Barrick’s pro…
Bre-X keeps Busang close to its chest
Believing the law is on their side, officials at Bre-X Minerals (BXM-T) do not plan to bow to the demands of one of the company’s Indonesian partners for a bigger piece of the massive Busang gold proj…
Wolverine partners expand Lynx lens in Yukon
With three drill rigs turning on the newly discovered Lynx lens at the Wolverine project in southeastern Yukon, operator Westmin Resources (WMI-T) and partner Atna Resources (ATN-T) are encountering s…
ODDS’N’SODS — The discovery of the Aunor
In the mid-1930s, there were only three residents on MacDonald Hill, situated halfway between Timmins and South Porcupine, Ont.Hermann Peltomaki had a nice home, which included a detached lake-front s…